Saturday, February 20, 2016

Accountability catches up with cancer charity

As a follow-up to the CNN report by Anderson Cooper (video clip above), numerous sources report the president of two Tennessee-based cancer charities accused of a charitable fraud scheme (spending donations on six-figure salaries and luxury vacations) has agreed to relinquish control of the businesses.
In one of the largest cases of its kind, the Federal Trade Commission last year accused James T. Reynolds Sr. and others of engaging in a “massive, nationwide fraud” involving “sham charities.”
Court documents filed this month say Reynolds agreed to temporarily hand over control of Knoxville-based Cancer Fund of America and Cancer Support Services to a receiver while a settlement is pending.

My interest in this #SocialCurrentSeearchive on topic is prompted for two reasons: I am a cancer survivor since April 2006 and my career (now retired) was in hospital philanthropy for almost 40 years.